Indonesian coal to India has doubled in 2022 as the production of coal in Indonesia has ramped up. According to sources, the Asian country registered a jump in coal production by 8.9% in 2021.
Indonesia is the world’s third-largest producer of coal in the world, following China and India at the top. The demand for coal has not only increased in recent years but also significantly after COVID-19.
Indonesia’s Coal Exports – Yearly
Indonesia’s coal exports in the past 5 years were valued at $17.8 billion in 2017, followed by$20.6 billion and $18.9 billion in 2018 and 2019 respectively, with a dramatic decline in 2020 standing at a value of $14.5 billion, and registering a drastic increase in 2021 by $11.9 billion.
Indonesia’s Coal Exporting Partners
As per Indonesia’s coal exports 2021, Indonesia’s top coal exporting partners are—China (34.5%), followed by India (15.4%), Japan (9.6%), Malaysia (8.9%), Philippines (8.8%), South Korea (5.4%), Taipei (4.4%), Vietnam (3.6%), Thailand (3.3%), and Hong Kong (1.8%).
Indonesian Coal Exports To India
Indonesian coal to India was exported in the past 5 years for the values as represented below. The year 2017 amounted to $4.7 billion, followed by $5.3 and $4.8 billion in 2018 and 2019 respectively. In 2020 and 2021, the exports amounted to $3.4 and $4 billion respectively.
Indonesian Coal To India Trend
The export trend for Indonesian coal to India has been represented below. The beginning of 2020 (Q1-2020) amounted to $1.1 billion, followed by a steep decline in the next quarter (Q2-2020) amounting to $0.470 billion/$470.7 million due to the pandemic of COVID-19.
However, the next quarter to Q2-2020 (Q3-2020) shows the total export value for Indonesian coal to India of $808.2 million. The export values have continued to grow and increase from the third quarter of 2020 to the second quarter of 2022—the current period, the ongoing year.
On a year-on-year basis, the comparison between the sum of Q1-2021, Q2-2021 and Q1-2022, Q2-2022 shows a $4.2 billion difference between the total export value. The percentile increase for the mid of 2022 shows about 3 times higher than the total export value for the mid of 2021.